Shiba

Bone ShibaSwap

Read

Precipitate.AI

Bone

<ul>
 <li>BONE unanimously chosen as payment on Precipitate.AI via governance vote.</li>
 <li>BONE secures all 8.4 million RAIN votes, bolstering market stance.</li>
 <li>Speculation rises on BONE’s potential listing on Coinbase this year.</li>
</ul>
<p>Precipitate.AI, a key player in AI blockchain infrastructure, has officially adopted BONE as a payment option. This decision followed a unanimous vote in the platform’s recent governance session, marking a significant endorsement for the Shiba Inu ecosystem token.</p>
<p>During the voting process, which spanned from May 20 to May 23, the community had to choose between BONE and LEASH for the new payment method. The single-choice voting mechanism recorded a snapshot at block 19,886,694.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Quorum Reached<a href="https://twitter.com/search?q=%24BONE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BONE</a> has been added as a payment option to <a href="https://t.co/NtnUQSN2bH" rel="noopener noreferrer nofollow">https://t.co/NtnUQSN2bH</a>. <br><br>Out of the Loop? Governance has started.<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/99AI3yM2Qz" rel="noopener noreferrer nofollow">https://t.co/99AI3yM2Qz</a> <a href="https://t.co/GEBPxgNe8k" rel="noopener noreferrer nofollow">pic.twitter.com/GEBPxgNe8k</a></p>— Precipitate Protocol (@PrecipitateAI) <a href="https://twitter.com/PrecipitateAI/status/1793295393259728899?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 22, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>A quorum of 5 million RAIN was needed for a valid vote, and the total votes cast were 8.4 million RAIN. BONE swept the board, garnering all 8.4 million votes. A substantial portion of these <a href="https://gov.precipitate.ai/#/proposal/0x120054430bdd3ea9b7b3958cdb29b4ec0a949b3c1700a7dcb18eda568752500f" target="_blank" rel="noopener noreferrer nofollow">votes</a> came from the user groovydeath.eth, who contributed 7 million RAIN.</p>
<p><strong>Impact on BONE’s Market Presence</strong></p>
<p>The successful vote and subsequent adoption of BONE as a payment option are expected to strengthen its position in the market. BONE is trading at $0.6343 at press time,a slight decline of 1% in the last 24hrs.&nbsp;</p>
<p>Despite recent volatility, the token’s involvement in Shibarium, a layer-2 scaling solution for Shiba Inu, and its role in governance and staking enhance its utility within the ecosystem. Additionally, there is speculation about a potential <a href="https://medium.com/@CoinPedia_Markets/top-10-upcoming-coinbase-listings-to-watch-in-2024-10adcaf73693" target="_blank" rel="noopener noreferrer nofollow">listing</a> on Coinbase later this year, which could further enhance BONE’s visibility and liquidity.</p>
<p>This strategic move by Precipitate.AI demonstrates a growing alignment between cryptocurrency utility and blockchain technology platforms, setting a precedent for future governance-led integrations in the industry.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also:</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/bone-shibaswap-bone-price-prediction/" rel="noopener noreferrer nofollow">Bone Shibaswap (BONE) Price Prediction 2023 to 2031: Is 10X EOY Price Possible?</a></li>
 <li><a href="https://cryptonewsland.com/bone-shibaswap-bone-price-analysis-aug-week-3-to-4/" rel="noopener noreferrer nofollow">Bone ShibaSwap (BONE) Price Analysis Aug Week 3 to 4</a></li>
 <li><a href="https://cryptonewsland.com/bone-shibaswap-bone-price-analysis-aug-shibarium-launch/" rel="noopener noreferrer nofollow">Bone ShibaSwap (BONE) Price Analysis Aug – SHIBARIUM Launch</a></li>
 <li><a href="https://cryptonewsland.com/bone-shibaswap-bone-price-analysis-aug-11/" rel="noopener noreferrer nofollow">Bone ShibaSwap (BONE) Price Analysis Aug 11</a></li>
 <li><a href="https://cryptonewsland.com/shib-surpasses-rivals-daily-addresses-boom-as-bone-zooms-upwards/" rel="noopener noreferrer nofollow">SHIB Surpasses Rivals: Daily Addresses Boom as BONE Zooms Upwards</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/shiba-inus-bone-added-as-payment-option-by-precipitate-ai/" rel="noopener noreferrer nofollow">Shiba Inu’s BONE Added as Payment Option by Precipitate.AI</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Shiba Inu’s BONE Added as Payment Option by Precipitate.AI

Crypto News Land

Other articles published on May 23, 2024

MetaMask’s Prospective Bitcoin Integration: An Emerging Possibility

Fantom (FTM) Unveils New Token and Funding For Sonic Network

Analyst Outlines Critical Crypto Levels

BlockDAG Keynote in London Piccadilly Spurs $31.4M Surge, Surpassing Retik Finance (RETIK) Launch...

Crypto Market Awaits SEC Decision on Ether ETF

Amazing Opportunity from SelfKey DAO: SelfKey iD is Now Free to Obtain and Use!

Join our free newsletter for daily crypto updates!